Manufacturing Insurance: Solutions Tailored to Your Business
Manufacturing insurance is a complex industry that spans a wide variety of sectors, each with its own set of risks and challenges. From protecting expensive machinery to ensuring business continuity in the face of unexpected interruptions, having the right insurance is crucial to safeguarding your operations.
Key Manufacturing Sectors
Each manufacturing business operates in a unique environment, and the risks you face depend on the products you make and the processes you use. Here are a few specialized sectors in the manufacturing industry:
Auto Part Makers’ Insurance
Manufacturing auto parts requires precision and reliable machinery. This coverage helps protect your business from risks that can arise on the workshop floor and beyond.
Commercial Printers’ Insurance
As technology advances in the printing industry, your business needs insurance that evolves with your operations, from printing equipment to data breaches.
Concrete Manufacturers’ Insurance
With risks at every stage, from raw materials to final installations, concrete manufacturers need comprehensive coverage for potential liabilities during production and delivery.
Food & Beverage Producers’ Insurance
The food and beverage industry depends on specialized equipment and tight quality control. Insurance can protect against machinery failure and costly product recalls.
Machinery & Equipment Manufacturers’ Insurance
Your business depends on highly valuable equipment, and equipment breakdowns can disrupt operations. Coverage ensures you’re protected from equipment failures
Metal Manufacturers’ Insurance
Whether producing small metal parts or large components, you need coverage for machinery, liability, and product defects.
Seed and Produce Farmers’ Insurance
Agricultural manufacturing faces unique challenges, from weather-related risks to crop failure. Insurance can help address the specialized needs of your farm or produce operation.
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We’ll find you the right coverage.
Roughley commercial clients may qualify for special discounts on your home & auto.
Connect in Oshawa
- 1000 Simcoe Street North Oshawa, Ontario L1G 4W4
- 905.576.7770
- insure@roughleyinsurance.com
Contact in Bowmanville
- 31 King Street West Bowmanville, Ontario L1C 1R2
- 905.697.4257
- insurebowmanville@roughleyinsurance.com
12 Types of Insurance for Manufacturers
While each business’s insurance needs may differ, there are several core coverages that most manufacturing companies should consider. Below are the key types of insurance available to protect your manufacturing operations:
Commercial General Liability Insurance (CGL)
CGL protects your business from third-party claims of bodily injury or property damage that occur during your operations.
Property Insurance
Covers your buildings, equipment, and inventory against damage caused by fire, theft, or other disasters.
Business Interruption Insurance
Reimburses lost income and operating expenses when a covered event disrupts your operations, ensuring that your business can recover and continue.
Equipment Breakdown Insurance
Provides coverage for the repair or replacement of machinery and equipment that break down due to internal malfunctions, such as electrical failures
Commercial Automobile Coverage
Covers vehicles used in your business for accidents, liability, and damage, protecting the transportation side of your operations.
Crime Coverage
Covers financial losses due to internal and external crimes, including employee theft, fraud, and forgery.
Directors & Officers Insurance (D&O)
Protects your company’s executives and board members from legal claims related to mismanagement or breach of fiduciary duty.
Excess Liability Insurance
Offers additional coverage when claims exceed the limits of your other liability policies, ensuring your business is protected in case of major lawsuits or large claims.
Inland Marine Insurance
Covers goods, equipment, and materials while they are being transported or stored at off-site locations, such as job sites or warehouses.
Manufacturers’ Errors & Omissions Insurance (E&O)
Protects against claims of product defects, design errors, or mistakes in the manufacturing process that result in financial loss for your clients.
Product Recall Expense
Covers the costs of recalling a defective product, including logistics, replacement, disposal, and public relations management.
Premises Pollution Liability
Covers environmental damages and cleanup costs related to pollution incidents, especially important for businesses that handle hazardous materials or generate industrial waste
Why Work with Roughley Insurance Brokers?
Manufacturing is a specialized industry, and your insurance coverage needs to match the unique risks you face. We have years of experience working with manufacturers across various sectors at Roughley Insurance Brokers. We understand that specialized work calls for specialized coverage, and we’re here to help you protect your business, assets, and relationships.
Expertise
Manufacturing depends on precision, expensive machinery, and complex supply chains. Our team is experienced in helping manufacturers identify their risks and build comprehensive insurance packages.
Tailored Solutions
No two manufacturing businesses are alike. We work closely with you to understand your specific operations and provide customized coverage that fits your needs.
Relationships Matter
Manufacturing businesses rely on strong relationships with suppliers, distributors, and clients. We protect the relationships that keep your business moving forward by ensuring you’re covered for liability, equipment, and more.
Full Coverage
Whether it’s property, liability, or business interruption, we ensure that all aspects of your business are protected, so you can focus on what you do best—manufacturing.
Protect Your Manufacturing Business with Roughley Insurance Brokers
Each manufacturing business faces unique risks, and having the right insurance coverage is critical to staying operational and protecting your bottom line. Roughley Insurance Brokers offers comprehensive insurance solutions tailored to your industry, from covering your property and machinery to protecting against liability claims and product recalls.
